Successful Entrepreneur

Topics: Entrepreneurship, Success, Entrepreneur Pages: 2 (737 words) Published: March 19, 2013
4.0 Factors of successful entrepreneur
4.1 Be passionate
You must be passionate about what you are trying to achieve which means you are willing to sacrifice a large part of your time to the idea you have come up with. Others who join you should ignite the same as you build a team. Both your team and your customers are more likely to believe in that idea you are trying to come out with. 4.2 Maintain focus

Great entrepreneurs focus intensely on an opportunity where others see nothing. This focus and intensity helps to eliminate wasted effort and distractions. Most companies die from indigestion rather than starvation. Companies suffer from doing too many things at the same time rather than doing too few things very well. Stay focused on the mission. . Work hard. Success only comes from hard work. There is no such thing as overnight success; behind every "overnight success" lies years of hard work and sweat. People with luck will tell you there's no easy way to achieve success-and that luck comes to those who work hard. Focus on things you can control; stay focused on your efforts and let the results be what they will be.

4. Enjoy the journey. The road to success is going to be long, so remember to enjoy the journey. Everyone will teach you to focus on goals, but successful people focus on the journey and celebrate the milestones along the way. Is it worth spending a large part of your life trying to reach the destination if you didn't enjoy the journey? Won't your team also enjoy the journey more as well? Wouldn't it be better for all of you to have the time of your lives during the journey, even if the destination is never reached?

5. Trust your gut instinct. There are too many variables in the real world that you simply can't put into a spreadsheet. Spreadsheets spit out results from your inexact assumptions and give you a false sense of security. In most cases, your heart and gut is still your best guide. We've all had experiences in business...
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